> ...people (not you, I just think it's fitting) often think that being lax on credit is helping the poor or making the world a better place by some kind of sel

> ...people (not you, I just think it's fitting) often think that being lax on credit is helping the poor or making the world a better place by some kind of self-enforced redistribution. Is this risk not the reason interest is charged? If you want perfect enforcement of all loans, interest must go to 0, otherwise the interest is pure profit.